Hunters Road Newcastle Upon Tyne, 6 Bedrooms House - terraced ,For Sale

Hunters Road, Spital Tongues

House - terraced | For Sale

Offers Over £300,000

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6 Bedrooms
1 Reception Rooms
2 Bathrooms
  • Tenanted HMO Investment
  • 6 bedroom house
  • 7.7% gross yield*
  • £23,088pa current rent (20-21)
  • £24,700pa expected (21-22)
  • Popular Location
  • Medical and Business Schools
  • Local Amenities
  • EPC rating E
  • *8.2% yield expected for 21-22

Hunters Road is a licensed HMO offering a strong income in a very popular part of Newcastle. Located conveniently for Newcastle University's Medical and Dental Schools and Business School, as well as the RVI hospital.

This spacious and well finished FREEHOLD terraced property is currently fully tenanted. Normally rented at an average of £80 per person per week for 5 of the rooms, with the smaller at £75pppw; the property is currently let at a slighly reduced rent of £74pppw due to the disruption caused by Coronavirus pandemic.

The property briefly comprises of six double bedrooms, a lounge, kitchen, bathroom, shower room and seperate WC. There is also uPVC double glazing. Externally there is a yard to the rear, as well as parking via up and over garage door.

Energy Efficiency Rating

Current
Potential
48
73
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

CO2 Rating

Current
Potential
38
64
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

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